Thu, 23 Sep 2021 | BUSINESS SALE
The Willowsmere bed and breakfast in Windermere, Cumbria has been put on the market for £1.5 million. The B&B features 13 en-suite bedrooms, 11 of which are double rooms, and is located a 10-minute walk from the town of Windermere within the Lake District National Park.
The B&B is a three-storey detached Victorian property, with entrance porch and reception, two guest lounges, a breakfast/dining room with 20 covers, guest parking for up to 17 vehicles and award-winning split-level gardens. The business also has a trade kitchen, office and staff storage area.
The bedrooms include 3 four-poster rooms, 3 flexible double rooms, 2 premier double rooms, 2 standard double rooms, 2 single rooms and a wheelchair accessible double bedroom with fully-accessible wet room.
The property, which also includes a sizeable owners accommodation, is described as having been “tastefully modernised, whilst retaining its original period features”.
The business reported net turnover of £172,569 to the year ending March 31 2020, with adjusted net profits of £91,776. However, as the present owners currently operate the B&B as a “lifestyle business”(with trade reduced to 3 days a week during November and December and closed during Christmas and throughout January and February), there is significant scope for the new owners to improve the revenue and profits through increased trading hours.
In a listing, the business, which is being marketed for sale by Christie & Co., is described as: “An outstanding three storey detached Victorian residence, of Lakeland stone elevations beneath a multi pitched tiled roof line, with the advantage of both immaculate award winning gardens, and private car parking.”
"The Willowsmere occupies a superb, and prominent, trading position on Ambleside Road (A591) being a 10 minute stroll into Windermere, and offering an excellent base to explore the Lake District National Park which itself was awarded UNESCO World Heritage status in July 2017."
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